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XM Satellite Radio posted second-quarter results that showed it managed to stem the flow of red ink that has dogged the company, thanks in part to strong gains in sales of new cars equipped with the technology. XM lost $175.7 million, or 57 cents a share, in the quarter that ended in June, compared ...

Web content aggregator Digg and Microsoft announced a deal in which Microsoft will be the exclusive provider of display and contextual advertising on the Digg site. The three-year agreement will allow Digg to focus less on advertising infrastructure and more on innovating the field, said Digg CEO Ja...

A federal judge on Wednesday gave the founders of Facebook challenger ConnectU two weeks to shore up their case against the popular social networking site, indicating he thinks the lawsuit is based on a shaky foundation. The plaintiffs contend Mark Zuckerberg surreptitiously stole their idea for a W...

Electronic Arts, going wide and deep with in-game advertising, announced Wednesday that it will use Microsoft's Massive in-game advertising division to put ads in its sports titles. The titles include the Xbox 360 and/or PC versions of the biggest sports video games coming in the fall, including "Ma...

New laws and regulations inevitably follow massive and profound technological changes as societies come to grips with how new technologies may be used. Given the extent of changes the Internet has fostered across nearly every aspect of modern life, it comes as no surprise that innovations dealing wi...

Amazon.com blew by Wall Street expectations Tuesday when it reported its second-quarter sales for 2007 were up 35 percent year-over-year. Media sales grew 27 percent, no doubt boosted by 1.5-plus million Harry Potter and the Deathly Hallows prerelease orders made by the quarter ending June 30. Howev...

XM Satellite Radio's cofounder and longtime Chief Executive Officer Hugh Panero will vacate the CEO post in August. XM did not immediately name a full-time replacement, instead saying it would use its second quarter earnings conference call scheduled for Thursday morning to outline its plans for the...

Revenues from advertising at sports sites on the Web will catapult in the next five years to more than $1 billion, according to a report from a New York marketing research firm. The report from eMarketer predicts sports sites will rake in $1.1 billion in ad revenues in 2011, up from $400 million in ...

A joint sting operation by the FBI and the People's Republic of China has netted more than half a million dollars' worth of counterfeit software, the FBI announced Monday. The unprecedented cooperative effort, code-named "Summer Solstice" and dating back to 2005, resulted in the arrest of 25 people ...

AOL has reached a deal to buy Tacoda, an online advertising firm that specializes in behaviorally targeted marketing. AOL will integrate Tacoda into its Advertising.com division, where the six-year-old firm's behavioral science marketing will be used to help AOL produce more targeted and effective o...

A federal judge in Boston is set to hear arguments this week in a case that accuses Facebook founder Mark Zuckerberg of stealing the code on which he built his massively popular Web site. The lawsuit could at least damage the young Web 2.0 entrepreneur's reputation, and at worst result in a Facebook...

TiVo will introduce a new DVR device in mid-August that will retail for $299, about $500 less than its higher-end Series 3 released last fall. In addition to being more affordable than its predecessor, the device, TiVo HD, will have the capability to replace the box through which users currently acc...

AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts. AT&T, the exclusive carrier of the iPhone in the U.S., said it had...

AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts. AT&T, the exclusive carrier of the iPhone in the U.S., said it had...

AT&T's strong subscriber growth in its wireless business propelled its earnings past expectations, the company said, but the results were overshadowed by data showing early sign-ups for iPhone service fell short of forecasts. AT&T, the exclusive carrier of the iPhone in the U.S., said it had...